Missouri Foundation For Health
- Assets
- $1.3b
- Revenue
- $96.9m
- Investments
- $1.1b
- Employees
- 61
- Location
- St Louis, MO
- Founding
- 07/2000
- Data as of
- 12/2022
- EIN
- 43-1880952
Organization Overview
Missouri Foundation For Health is located in St Louis, MO. The organization was established in 2000. According to its NTEE Classification (E70) the organization is classified as: Public Health, under the broad grouping of Health Care and related organizations. As of 12/2022, Missouri Foundation For Health employed 61 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Missouri Foundation For Health is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 12/2022, Missouri Foundation For Health generated $96.9m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (4.3%) each year. All expenses for the organization totaled $81.5m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO ELIMINATE UNDERLYING CAUSES OF HEALTH INEQUITIES, TRANSFORM SYSTEMS AND ENABLE INDIVIDUALS AND COMMUNITIES TO THRIVE
Describe the Organization's Program Activity:
Part 3 - Line 4a
MFH AWARDED 194 GRANTS/CONTRACTS IN 2022 TO ORGANIZATIONS TO IMPROVE THE HEALTH OF MISSOURIANS IN OUR SERVICE AREA. A COMPLETE LISTING OF AWARDS BY FUNDING PROGRAM IS ATTACHED IN SCHEDULE I.
OTHER PROGRAM SERVICES INCLUDES EXPENSES TO DEVELOP FUNDING PROGRAMS, PROCESS GRANT APPLICATIONS AND MANAGE GRANT AWARDS APPROVED BY THE BOARD OF DIRECTORS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dwayne Proctor President & CEO | Officer | 40 | $489,467 |
Jill Nowak Chief Financial & Administrati | Officer | 40 | $324,882 |
Ryan Barker VP Stategic Initiatives | 40 | $199,321 | |
Kathleen Holmes VP Stategic Initiatives | 40 | $205,789 | |
Mark Seebeck Senior Director Finance & Admi | 40 | $189,548 | |
Courtney Stewart VP Strategic Initiatives | 40 | $190,658 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Cornerstone Partners Investment Advisor | 12/30/22 | $2,412,501 |
Northern Trust Investment Custodian | 12/30/22 | $287,916 |
Betty And Smith Llc Consultant | 12/30/22 | $1,537,915 |
Open Health Consultant | 12/30/22 | $184,670 |
Rdl Insights Consultant | 12/30/22 | $190,221 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Investment income | $9,390,929 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $87,026,578 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $96,850,362 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $50,502,628 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $895,033 |
| Compensation of current officers, directors, key employees. | $895,033 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $4,764,522 |
| Pension plan accruals and contributions | $403,225 |
| Other employee benefits | $913,615 |
| Payroll taxes | $393,799 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $12,476 |
| Fees for services: Accounting | $76,005 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $19,902,719 |
| Fees for services: Other | $333,920 |
| Advertising and promotion | $107,399 |
| Office expenses | $150,406 |
| Information technology | $370,871 |
| Royalties | $0 |
| Occupancy | $800,001 |
| Travel | $172,124 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $95,046 |
| Interest | $97,741 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $36,067 |
| Insurance | $63,664 |
| All other expenses | $0 |
| Total functional expenses | $81,474,307 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $88,619,300 |
| Pledges and grants receivable | $375,000 |
| Accounts receivable, net | $74,266 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $189,914 |
| Net Land, buildings, and equipment | $17,241,451 |
| Investments—publicly traded securities | $63,958,606 |
| Investments—other securities | $1,134,937,651 |
| Investments—program-related | $2,162,422 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,307,558,610 |
| Accounts payable and accrued expenses | $4,784,108 |
| Grants payable | $60,515,613 |
| Deferred revenue | $380,298 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $4,800,000 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $70,480,019 |
| Net assets without donor restrictions | $1,237,078,591 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,307,558,610 |
Grants Awarded
Over the last fiscal year, Missouri Foundation For Health has awarded $50,333,879 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
SEE ATTACHED DETAIL PURPOSE: SEE ATTACHED DETAIL | $46,946,979 |
BUILD MISSOURI HEALTH | | | $3,386,900 |